UPDATE 1-Valeo lifts 2013 goal on stabler Europe

Newswire

(Adds CEO and analyst comment, detail)
By Gilles Guillaume
PARIS, July 30 (Reuters) - French auto parts maker Valeo
raised its 2013 earnings goal on Tuesday, predicting a
European market stabilisaton after its operating income and
sales advanced in the first half.
Valeo expects to improve on the 6.2 percent operating margin
recorded last year, the company said in a statement, after
operating income rose 3.7 percent to 384 million euros ...

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